FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis, and uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.
9/1/17 Closing Prices:
Bitcoin: $4,809.71 (+$88.93) Gold: $1,325 (+$2.00) Dow Jones Industrials: 21,987.56 (+39.46) S&P 500: 2,476.55 (+4.90) Nasdaq Composite: 6,435.33 (+6.67)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Friday, 9/1/2017
- BITCOIN closing in on $5,000. Another day, another new high
- Traders may want to place some protective sell stops. Getting "frothy"
- GOLD upside target of $1,350
- Traders can buy GOLD with sell stops at $1,305-$1,310
- LONG TERM BULLISH ON BITCOIN & GOLD
C
urrent TRADING Positions: LONG BITCOIN & LONG GOLD
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here